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Stocks Cap Weekly Gain After Powell, Jobs Data: Markets Wrap

  • Tech weighs on shares; Treasuries mixed, dollar falls
  • European stocks advance; West Texas crude oil advances
Bloomberg business news
U.S. Adds 130,000 Jobs in August, Jobless Rate Holds Steady at 3.7%Daybreak: Europe (Source: Bloomberg)
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U.S. stocks eked out a third straight advance, while Treasuries were mixed as Federal Reserve Chairman Jerome Powell’s latest comments did little to alter views on Federal Reserve policy. The dollar fell.